MetaTrader 5 review by forex trading professionals, All you need to know about MetaTrader5 platform demo account.
What is MetaTrader 5 platform
MetaQuotes Software Corporation was established in 2000 in Kazan, Russia.
In 2005 development of the TeamWox, a CRM system started for the company internal use. In 2009, the first public commercial version of TeamWox was released and went on to win various industry awards.
On June 1, 2010 MetaQuotes Software officially released MetaTrader 5 or MT5 the next version of its trading platform. It expanded the number of products that could be traded from just Forex to include stocks and commodities. MT 5 also includes a new version of the programming language called MQL5. The new MT 5 client trading terminal differs in a number of ways from MT4 and was not backward compatible. Uptake of the new version was slow and by April 2011, MetaTrader had only 50 companies featuring the new version with over 400 companies remaining on MT4 mainly as a result of the lack of backward compatibility. Additionally, there has been an overall reluctance to adopt the new MQL5 programming language.
In September 2015, MetaQuotes rolled out Japanese support for its MQL5 community. This was due to the demand from Japanese traders on MT4 and MetaTrader 5 platform.